But need to make sure you have a clear path to refi before you go into this depending on it.

"Real Household Income" and "Real Median Rents" spread across the entire country doesn't capture the intricacies of local markets, of rising income in the SF Bay Area (or Portland, OR, etc.) driving higher investment and rent.However, the point remains.

@Ashley Wolfe  Hi Ashley -- we have a fairly welly booked STR in Wimberley in the hill country and we find that most people don't look PAST the next vacation in front of their nose. 

Its stressful moving across the country and trying to personally manage an out of state rental without a PM.

Its stressful moving across the country and trying to personally manage an out of state rental without a PM.

One way is to force appreciation, through improvements.And she has your perfect path (in my opinion): to buy a property that needs slight improvements and updates.

I give out mortgages on property around the country. does anyone know of a website that give a breakdown for real estate of by county or city?

We were able to travel to 17 countries over the course of 11 months.

Hi all,I am new to BP and just starting to research how to start becoming a buy and hold investor under extremely limiting circumstances and was hoping the BP community could shed some light on the best financing strategy to use for my first few properties.Current Financial SituationA little background on my current situation: I am 28yrs old working in television in NY ( making roughly 55-60k a year- yes it is brutal) I just bought my first primary home 2 years ago in Williamsburg, BK to lock in how much I’m paying for housing year over year in a place where incomes don’t increase as fast as rental prices (2 bd for 340k (this is an HDFC which is how I got a home for this price in an area where the median price is 1.5 million) ) so obviously my DTI is extremely high at almost 60% with no other debts besides my primary home (I also have a roommate who pays me $900 a month for her room which helps with about half my total monthly housing costs) (had a great mortgage broker that really helped me wiggle in to my first home)I now have about 75-80k in equity in the home and access to a family trust with a similar amount of money in it and was looking for the best way to turn buying an initial first property all cash into the ability to buy more properties( out of state of course- looking at different areas in the country from PA to TX to TN to FL).

I have yet to pay more than $20 a bottle for wine in this country and not regret my completely wasted money.